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Is Western Digital Corporation(NASDAQ: WDC), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Western Digital Corporation (NASDAQ: WDC) has been on the stock market since its IPO date on the 1/2/1987. Western Digital Corporation is in the Data Storage Devices industry and Technology sector. Average volume for Western Digital Corporation, is 6522.7, and so far today it has a volume of 1581700. Performance year to date since the 1/2/1987 is -12.86%.

To help you determine whether Western Digital Corporation is undervalued the following values will help you decide. P/E is 14.47 and forward P/E is 11.77. PEG perhaps more useful shows that Western Digital Corporation has a value for PEG of *TBA. P/S ratio is 0.94 and the P/B ratio is 1.24. The P/Cash and P/Free cash flow is 1.98 and 11.23 respectively.

At the current price Western Digital Corporation is trading at, 51.73 (1.04% today), Western Digital Corporation has a dividend yield of 3.91%, and this is covered by a payout ratio of 55.80%. Earnings per share (EPS) is 3.54, and this is looking to grow in the next year to -12.57% after growing -7.50% this past year. EPS growth quarter over quarter is -80.60%, and -20.50% for sales growth quarter over quarter.

The number of shares outstanding is 233.4, and the number of shares float is 226.32. The senior management bring insider ownership to 0.10%, and institutional ownership is at 77.10%. The float short is 7.45%, with the short ratio at a value of 2.59. Management has seen a return on assets of 5.40%, and also a return on investment of 12.70%.

The ability for Western Digital Corporation, to deal with debt, means it current ratio is 3.1, and quick ratio is 2.7. Long term debt/equity is 0.21 and total debt/equity is 0.23. In terms of margins, Western Digital Corporation has a gross margin of 27.90%, with its operating margin at 7.20%, and Western Digital Corporation has a profit margin of 6.50%.

The 52 week high is -39.30%, with 49.54% being its 52 week low. The 20 day simple moving average is 14.88% and the 200 day simple moving average is 0.47%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Mark Hines

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